Marx Current Trend Display

Marx Current Trend Display

Identify trend direction instantly on any timeframe

This indicator gives you a clear, visual confirmation of the current market trend — Bullish or Bearish — based on price action relative to a customisable Exponential Moving Average (EMA).

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✅ Features
• Dynamically determines trend using a user-defined EMA (default: 200)
• Shows a floating label above price:
• 🟢 “BULLISH TREND” when price is above EMA
• 🔴 “BEARISH TREND” when price is below EMA
• Optional color-coded background to make trend state even more obvious
• Works on any market and timeframe
• Simple, clean, and easy to interpret

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🧠 How It Works
• Bullish Trend: Current price is above the EMA
• Bearish Trend: Current price is below the EMA
• EMA is plotted directly on the chart for additional clarity

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⚙️ Customisable Settings
• EMA length (default: 200)
• Show/hide trend labels
• Toggle background color on/off

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This is a perfect tool for traders who want quick confirmation of trend bias without clutter. Pair it with your entry/exit system or use it as a filter to stay aligned with market momentum.